Rigel Properties

Nakheel awards a construction contract worth over AED 950 million for Bay Grove Residences on Dubai Islands

مشروع جديد
Nakheel awards a construction contract worth over AED 950 million for Bay Grove Residences on Dubai Islands
الصورة: Unsplash (صورة توضيحية)

The contract covers 617 homes in phases 2 and 4, so main construction is now awarded across all four phases of Bay Grove.

Nakheel, part of Dubai Holding, has awarded a main construction contract worth more than AED 950 million for phases 2 and 4 of Bay Grove Residences on Dubai Islands, covering 617 homes.

An earlier contract for phases 1 and 3 covered 537 homes across seven buildings, so main construction is now awarded for more than 1,150 homes across the whole project.

Dubai Islands sits just off the Deira coast and is one of Nakheel's largest island developments after Palm Jumeirah, built around beaches, marinas and waterfront living close to the city centre and the airport. Bay Grove Residences is also listed in the Rigel Properties portfolio.

المصدر: WAM / Emirates 24|7